{"id":20920,"date":"2003-12-21T10:12:00","date_gmt":"2003-12-21T10:12:00","guid":{"rendered":"https:\/\/eces.org.eg\/?p=20920"},"modified":"2024-01-28T13:19:40","modified_gmt":"2024-01-28T13:19:40","slug":"fiscal-sustainability-issues-for-emerging-market-countries","status":"publish","type":"post","link":"https:\/\/eces.org.eg\/en\/fiscal-sustainability-issues-for-emerging-market-countries\/","title":{"rendered":"Fiscal Sustainability Issues for Emerging Market Countries"},"content":{"rendered":"\n<p><strong>Abstract:<br><\/strong>This paper surveys the recent literature on fiscal sustainability with particular focus on emerging market countries. It discusses the main elements that differentiate emerging market countries from industrial countries and then discusses how probabilistic models can help to evaluate fiscal sustainability in an uncertain environment. Based on this discussion, the paper uses Egypt to illustrate an application of the probabilistic model and to evaluate the impact of shocks to current account financing on sustainability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Abstract:This paper surveys the recent literature on fiscal sustainability with particular focus on emerging market countries. It discusses the main elements that differentiate emerging market countries from industrial countries and then discusses how probabilistic models can help to evaluate fiscal sustainability in an uncertain environment. Based on this discussion, the paper uses Egypt to illustrate [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":31783,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[65],"tags":[],"class_list":["post-20920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-working-papers"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fiscal Sustainability Issues for Emerging Market Countries - ECES<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/eces.org.eg\/en\/fiscal-sustainability-issues-for-emerging-market-countries\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fiscal Sustainability Issues for Emerging Market Countries - ECES\" \/>\n<meta property=\"og:description\" content=\"Abstract:This paper surveys the recent literature on fiscal sustainability with particular focus on emerging market countries. It discusses the main elements that differentiate emerging market countries from industrial countries and then discusses how probabilistic models can help to evaluate fiscal sustainability in an uncertain environment. 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